Nikola founder Trevor Milton hit with sexual abuse complaints by two women

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On September 10, the Hindenburg Research Report went public and everything started t

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anking. The short-seller accused the newly-minted billionaire of committing fraud. The accusations were detailed and seemed credible as it included facts describing how Milton lied about Nikola’s technology.

After Hindenburg Research went public with its report, Nikola’s stock fell and it is assumed that the short-seller profited.

On September 21, the same day as Ms. Smith made her twitter accusation, Milton stepped down from Nikola’s Board. 

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating Nikola and Milton. Two police departments in Utah are investigating the sexual abuse complaints against him.

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